Business & Money | Sunday 23 November, 2025 10:41 am

SISCO unit wins SAR 133.5M project from NWC

Sustained Infrastructure Holding Co. (SISCO) said its 50%-owned subsidiary, International Water Distribution Co. (Tawzea), received a project awarded notice from the National Water Co. (NWC) valued at SAR 133.5 million, excluding VAT. The SISCO unit will undertake the operation and maintenance ...

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Business & Money | Sunday 23 November, 2025 9:12 am

Over SAR 237B deals sealed in Cityscape: Al-Hogail

Majid Al-Hogail, Minister of Municipalities and Housing and Chairman of the Real Estate General Authority (REGA), said that Cityscape demonstrated the strength of the Saudi real estate sector and the progress of its investment environment, as more than SAR 237 billion in deals...

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Business & Money | Sunday 23 November, 2025 9:01 am

S&P expect Saudi banks to provide $75B new corporate loans in 2025-26

S&P Global expects Saudi banks to provide $65–75 billion in new corporate loans annually in 2025–2026 (244–281 billion riyals), driven mainly by demand from the real estate and utilities sectors. In a recent report, the rating agency said that TASI-companies — including unrated...

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Business & Money | Thursday 20 November, 2025 5:38 pm

Dubai gears up for the region’s most anticipated tech gathering as DATE MENA kicks off on 26 November

On 26 and 27 November 2025 at Madinat Jumeirah, Dubai will host the region’s most dynamic forum for technology, innovation, and digital transformation — DATE MENA. Organised by Trescon, DATE is a Digitization, AI & Emerging Technology Summit. Over two days, the event will bring together...

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Business & Money | Thursday 20 November, 2025 5:06 pm

CARE MENA – the region’s most impactful stage for climate action and clean energy innovation – kicks off on 26 November in Dubai

This is the moment the MENA region has been waiting for. On 26 November 2025 at Madinat Jumeirah, Dubai will host the region’s most influential sustainability and clean energy event — CARE MENA, the Climate Action, Renewable Energy & Sustainability Forum, accredited by CPD and organised by...

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Business & Money | Thursday 20 November, 2025 3:40 pm

AD Ports Group acquires SEIC’s equity stake in Alexandria Container & Cargo Handling Company

AD Ports Group today acquired Saudi Egyptian Investment Company’s (SEIC), a PIF company, 19.328% equity stake in Alexandria Container & Cargo Handling Company (ALCN), one of the largest container terminal operators in Egypt, in a deal valued at approximately EGP13.2 billion. The...

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Business & Money | Thursday 20 November, 2025 3:35 pm

MOHAMMED BIN RASHID AEROSPACE HUB AND ‘Al BURJ HOLDING’ SIGN STRATEGIC AGREEMENT TO FACILITATE ACCESS TO DUBAI GOVERNMENT AND AVIATION SERVICES FOR GLOBAL INVESTORS

The Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South has signed a strategic agreement with Al Burj Holding, the operator of Dubai Hub in London, which is a specialised centre providing advisory and executive services that serves as an integrated platform dedicated to facilitating services...

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Business & Money | Thursday 20 November, 2025 3:32 pm

Arada to acquire majority stake in £2.5bn Thameside West development, unlocking one of London’s largest and most connected new waterfront neighbourhoods

Arada, the UAE’s fastest-growing master developer, announces that it has agreed the acquisition of an 80% stake in Thameside West, a landmark waterfront mixed-use development located at the western end of London’s Royal Docks.  Master-planned by Foster + Partners, the vibrant new...

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Business & Money | Thursday 20 November, 2025 3:27 pm

The total value of land transactions in Dubai surged 403.6% driven by a forward-looking strategy and integrated urban planning: JLL

Dubai’s compelling real estate growth story, marked by significant appreciation in the volume and value of land sales, has reshaped the Emirate's urban landscape, establishing it as a global benchmark for investment performance, according to JLL’s latest report, ‘Beyond the Skyline: Dubai’s ...

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Business & Money | Thursday 20 November, 2025 3:25 pm

UN Resident Coordinator: UAE plays key role in strengthening multilateralism

Bérangère Boëll-Yousfi, the United Nations Resident Coordinator in the United Arab Emirates, stated that the UAE is playing a signifainct role in supporting international multilateralism through effective diplomacy, gender equality and good governance. She stressed that the UAE plays a...

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